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SITE WORK: Shawmut Design and Construction Senior Superintendent Jessica Spivey oversees the ongoing wellness center and residence hall project at Brown University. / COURTESY SHAWMUT DESIGN AND CONSTRUCTION

Shawmut Design and Construction is a major player in expanding Rhode...

PBN FASTEST GROWING COMPANIES 2020 $75M AND ABOVE 1. Shawmut Design and Construction CEO (or equivalent): Les Hiscoe 2019 Revenue: $149 million 2017 Revenue: $99.3 million Revenue growth: 50.1% WHILE...

I-195 district development continues through coronavirus pandemic

PROVIDENCE – Several key projects overseen by the I-195 Redevelopment District Commission are progressing despite the coronavirus pandemic, the commission’s executive director said recently. They...
NEW DESIGN: The staff at Loft LLC, an industrial design company, has recently pivoted its work to designing and building contactless COVID-19 testing trailers for use by the National Guard. From left, Scott Noh, product design; Jeanette Numbers, co-founder; Nari Shin, designer/textile specialist. In the background is David Baker, director of engineering. / PBN PHOTO/MICHAEL SALERNO

Startup shake-up: Entrepreneurs scramble to revamp business plans

Like many college seniors, biomedical student Abbie Kohler and engineering student Greg Fine were disheartened to have their final semester suddenly cut short and...
OPEN HOUSE: Sebastian Sheng, left, a first-year graduate student in PRIME, or program in innovation management and entrepreneurship at Brown University, speaks with, from left, Brown sophomores Isamella Espinosa, international relations major; Olivia Tulkoff, public policy major; and Jack Schaeffer, applied math and economics major, at the university’s Nelson Center for Entrepreneurship during an open house to kick off the fall semester.
 / PBN PHOTO/MICHAEL SALERNO

R.I. has a robust entrepreneurial community, but can it do more...

For a small state, Rhode Island punches above its weight when it comes to producing promising startups and organizations that help nurture and fund...
A GUIDED TOUR will be offered at Providence’s new Cambridge Innovation Center next month. / RENDERINGS BY AYERS SAINT GROSS/COURTESY CIC

Providence CIC invites entrepreneurs, innovators for guided tour

PROVIDENCE — Following a ribbon-cutting at its home last month at the $88-million Wexford Innovation Center, the Cambridge Innovation Center will offer a guided...
GOV. GINA M. RAIMONDO cuts the ribbon for the recently completed Wexford Innovation Center in the I-195 Redevelopment District of Providence on Wednesday. From left: Brown University President Christina H. Paxson; I-195 Redevelopment District Commission Chairman Robert Davis; Senate Majority Leader Michael J. McCaffrey; Brian Dacey, Cambridge Innovation Center; Mayor Jorge O. Elorza; Raimondo; Wexford Science and Technology CEO Jim Berens; Commerce Secretary Stefan Pryor; and City Council President Sabina Matos. / COURTESY R.I. COMMERCE CORP.

Officials celebrate Wexford Innovation Center ribbon-cutting

PROVIDENCE – A ribbon-cutting for the Wexford Innovation Center was held Wednesday afternoon, officially marking the completion of the landmark I-195 Redevelopment District project. The...
PUBLIC HEARING: A public hearing before the Downtown Design Review Committee in Providence on the proposal for the Hope Point tower by developer Jason Fane, president of The Fane Organization. From left, Fane; his sister Daria Fane, vice president of The Fane Organization; and their architect, Gianni Ria, director of design, IBI Group. In the foreground recommending denial of the project is City Councilman Seth Yurdin.
 / PBN PHOTO/MICHAEL SALERNO

Where’s the market for Hope Point?

How high can the Hope Point tower climb? Its size has fueled doubters who say it won’t fit in, leading to extensive government review...
A BILL INTRODUCED by Senate President Dominick J. Ruggerio, D-Providence, that would give greater power to the state to direct projects on state-owned land, will now move to the Senate for a vote. / PBN FILE PHOTO/MICHAEL SALERNO

Ruggerio eyes speedier development

The power of cities and towns to block, or even shape, development they don’t like could be dramatically altered under an economic-development bill introduced...
THE COMMERCE RI Board of Directors approved incentives for CV Properties and its construction of the Aloft Hotel in the I-195 Innovation District. Above on the right, an initial rendering of the hotel. Commerce also approved incentives for the relocation and staff hiring at Custom & Miller Box and approved five innovation vouchers Monday. / COURTESY ­WEXFORD SCIENCE & ­TECHNOLOGY

Commerce RI approves incentives for Aloft Hotel, Custom & Miller Box

PROVIDENCE – The R.I. Commerce Corp. board of directors approved incentives for CV Properties LLC and Custom & Miller Box, as well as Innovation...
HIGH PRICES: Mike Giuttari, president of Providence-based commercial real estate brokerage firm MG Commercial, said because demand for commercial real estate is so high in the Greater Boston market and because the Rhode Island market is so close, contractors can charge high prices and if they don’t get them in the Ocean State, they can take their business to Boston. / PBN FILE PHOTO/RUPERT WHITELEY

After a strong 2018, signs of weakening in commercial real estate?

Living in the shadow of a giant can be difficult. Just ask those on the business end of Greater Providence’s commercial real estate market....

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